FHA LIVE Online Series - Lesson Two
LIVE Online Workshop
September 14, 2010
2 p.m. - 3:30 p.m. ET
Lesson two of our three-part FHA LIVE Online Series. Register for this workshop at $175 per member site/ $225 per nonmember site. Attend one lesson separately or all three for maximum benefits.
Lesson One: FHA Underwriting - Tuesday,September 7, 2010
Lesson Two: The Top 10 Operations and Quality Control Issues - Tuesday, September 14, 2010
Part 3: FHA Appraisals - Tuesday, September 21, 2010
How do I sell a quality FHA product? Here is your answer! The Top 10 Operations and Quality Control Issues is the perfect, convenient program for anyone in sales who needs quick insight into the FHA 203b loan program.
The FHA Top Ten list is comprised of real challenges lenders are facing today in FHA operations and HUD audits. The list reveals the hidden problems in refinance and purchase transactions and provides the most up-to-date information based on recent changes to the program. With each one of the top ten challenges we provide best practices and information about procedures that will help insure your company is running smoothly.
An added benefit is that this Live Online Workshop gives you the instructor-led experience with the convenience and affordability of a web-course. Completion of this workshop earns you one-half point towards your CMB (Certified Mortgage Banker) designation.
Learning Objectives
At the end of this program, you will be able to:
- Identify best practices used to resolve common challenges in processing, closing, post closing, and insuring
- Understand common problems cited in FHA quality control audits
- Learn what lenders should have in place for QC management responses
- Recognize unallowable, excessive, and duplicate fees that can trigger refunds
- Discuss FHA condominium transition rules
- Apply the top ten list in day to day operations
Instructors
Alice Alvey, Master CMB is President and Founder of Mortgage U, a full service training company partnered with Wetzel & Associates. Mortgage U is dedicated to provide training from application through shipping and insuring, FHA, VA, Fair Lending, Regulatory Compliance and procedure analysis. She has trained extensively throughout the country and has been a frequent speaker for Fannie Mae, Freddie Mac, Mortgage Bankers Association, and Federal Home Loan Bank. Since 1982, she has been responsible for underwriting, closing, post closing, insuring, special programs, regulatory compliance, quality control, loan delivery and loan administration. She also served as the corporate compliance officer, working with HUD, FDIC, FRB, Fannie Mae and Freddie Mac on all audits. Alice’s extensive background from origination through loan delivery provides a well-defined framework to create innovative, “street-wise” and informative training sessions. She is an effective, professional and dynamic educator, consistently redesigning and upgrading her training materials to keep up with an ever changing industry.
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